News : SMSF

SMSF, Trusts

Trustee needs to drive intergenerational funds

Intergenerational funds are a small part of the SMSF sector, but changing demographics are creating reasons for their increased use.

Intergenerational funds are a small part of the SMSF sector, but changing demographics are creating reasons for their increased use.

read more
Contributions, SMSF, Tax

Reserving useful to manage Div 293 impact

Reserving useful to manage Div 293 impact

Reserving strategies can be used to offset the Division 293 tax levied on large incomes, particularly when a member is heading into retirement.

read more
ATO, Compliance, Documentation, SMSF

Non-lodgements driving ATO action

SMSF annual return non-lodgements remain high, with the ATO tracking all funds and acting on those that appear to have serious breaches.

SMSF annual return non-lodgements remain high, with the ATO tracking all funds and acting on those that appear to have serious breaches.

read more
Documentation, SMSF, Trusts

Alternate and successor plans different

The appointment of an alternate director to an SMSF corporate trustee cannot be relied upon as a future arrangement upon an incumbent’s death.

The appointment of an alternate director to an SMSF corporate trustee cannot be relied upon as a future arrangement upon an incumbent’s death.

read more
Pensions, SMSF, Tax

Group lump sums not possible

SMSF members cannot group together lump sum payments, but can manage how they are made to minimise the tax treatment.

SMSF members cannot group together lump sum payments, but can manage how they are made to minimise the tax treatment.

read more
SMSF, Superannuation, SuperStream

Rollovers processed slower than required

The average processing time for a rollover request from a public offer fund to an SMSF is exceeding the timeframe set by the super rules.

The average processing time for a rollover request from a public offer fund to an SMSF is exceeding the timeframe set by the super rules.

read more
SMSF, Tax

Market use no relevance for Merchant

The avenue used for the share transaction in the Merchant case would have made no difference as to whether the arrangement was a Part IVA breach.

The avenue used for the share transaction in the Merchant case would have made no difference as to whether the arrangement was a Part IVA breach.

read more
Compliance, SMSF, Superannuation

More protection needed for SMSF switching

Consumer protections need to be improved for rollovers to SMSFs in the wake of the Shield and First Guardian collapses.

Consumer protections need to be improved for rollovers to SMSFs in the wake of the Shield and First Guardian collapses.

read more
SMSF, Superannuation

SMSFs ideal for minor children

SMSFs are well placed to reduce the costs of holding the super of minor children engaged in part-time and seasonal work.

SMSFs are well placed to reduce the costs of holding the super of minor children engaged in part-time and seasonal work.

read more
financial advice, Financial Planning, SMSF

SMSF-related complaints noteworthy

The number SMSF-related issues raised with the Australian Financial Complaints Authority for the September quarter continued to be high.

The number of SMSF-related issues raised with the Australian Financial Complaints Authority for the September quarter continued to be high.

read more

Copyright © SMS Magazine 2026

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.